Emmanuel Ojukwu
- Fintech
- May 22, 2024
- 166 views
CBN Announces Moniepoint, OPay, And Others to Resume New Customer Enrollments Soon
The Central Bank of Nigeria (CBN) has announced that mobile money operators, and fintech firms like Moniepoint, Kuda Bank, OPay, and Palmpay, will resume enrolling new customers in another couple…
- Business Report
- May 22, 2024
- 106 views
Airtel Africa Marks Significant Financial Milestone Amid Currency Fluctuation Challenges
Airtel Africa, a leading telecommunications and mobile money services provider announced that its subsidiary, Bharti Airtel International (Netherlands) B.V., has fully repaid its $550 million bond maturing on Monday. This…
- Business Report
- May 15, 2024
- 130 views
Legal Battle Looms Over Mandatory Registration for PoS Operators in Nigeria
Point of Sale (PoS) operators in Nigeria, represented by the National President of the Association of Mobile Money and Bank Agents, are gearing up for a legal showdown over the…
- Fintech
- May 15, 2024
- 216 views
Airtel Payment Service Bank SmartCash, Hits 1.5 Million Active Users in March 2024
In March 2024, SmartCash, Airtel’s innovative payment service bank (PSB), announced that it had achieved 1.5 million active users. This information was revealed in the financial results of its parent…
- Fintech
- May 9, 2024
- 81 views
Chipper Cash Resumes US Operations Following Service Pause
Chipper Cash, an African cross-border fintech company, has revealed the relaunch of its operations in the United States, following a three-month hiatus due to a restructuring process. With the resumption,…
- Business Report
- May 8, 2024
- 56 views
Nigeria Orders 1.9 Million PoS Agents to Register With CAC to Curb Fraudulent Transactions
The Federal Government of Nigeria, through the Corporate Affairs Commission (CAC), has mandated 1.9 million Point of Sale (PoS) companies to register their businesses as part of anti-fraud measures. This…
- Fintech
- May 7, 2024
- 78 views
Zenpay, Zenith Bank’s Fintech Arm Teams Up With AfCFTA For Innovative Trade Portal
Zenpay Limited, a subsidiary wholly owned by Zenith Bank Plc, has forged an agreement with the African Continental Free Trade Area (AfCFTA) Secretariat. Together, they will develop and deploy the…
- Economy
- May 7, 2024
- 66 views
Nigeria’s Fiscal and Monetary Reforms Garner Positive Rating Boost from Fitch
Amidst mounting economic challenges in Nigeria, the country’s fiscal and monetary policy reforms have received a significant endorsement from Fitch, a global rating agency. Fitch’s latest review has upgraded Nigeria’s…
- Economy
- May 6, 2024
- 70 views
CBN Directive Spurs Crackdown Amid Concerns Over Money Laundering And Terrorism Financing
The Central Bank of Nigeria (CBN) recent directive have spurred crackdown on bank accounts, amid concerns over money laundering and terrorism financing. Several fintech companies in Nigeria, which includes Opay,…
- Crypto
- May 6, 2024
- 114 views
Nigeria’s Cryptocurrency P2P Market Predicted to Reach $500 Billion Amidst Regulatory Crackdown
In a recent revelation, Nigeria’s Cryptocurrency P2P market is predicted to be worth around Billions of dollars amidst Regulatory Crackdown by the government. This was revealed by Ray Youssef, the…
